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"The club has concluded its own discussions with Stig regarding his future, details of which will remain confidential. The club would like to strongly reiterate its position that it regards the behaviour of Stig that led to his conviction in Denmark to be totally unacceptable.
"This matter has been dealt with internally. It would not be of any benefit to the club to enter into any legal action which would inevitably follow any summary termination of Stig Tofting's contract.
"Therefore it was agreed that Stig Tofting's contract will be terminated on June 2003. In the meantime he will be available for Premiership matches."
Tofting arrived at Bolton last February from SV Hamburg but his only Premiership action this season was a nine-minute appearance against Arsenal.
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